Crypto-Backed Loan

In this comprehensive review, we explore Ledn Crypto-Backed Loan designed to meet diverse financial needs. Discover how Ledn® stands out with its competitive interest rates, flexible borrowing limits, and rewarding perks.
from 1000 $
Loan Amount
12 months
Repayment Term
14.4 %

Product Details

General Info
 Loan Amount Loan Amount
from 1000 $
Required documents Required documents
Repayment Term Repayment Term
12 months
14.4 %
Do I fit in?
Age Age
18 years
Credit Score Credit Score
Income required Income required

How to apply for a Ledn loan?

  1. Create An Account. To initiate the process of applying for a bitcoin-backed loan with Ledn, the first step is to create an account with them. Visit the Ledn website and navigate to the account creation page.

  2. Apply For Loan. After successfully creating your account, proceed to the dashboard screen. Locate the option to apply for a loan by selecting “Borrow” and then “Apply for Loan Instantly”. This action will redirect you to the loan application form.

  3. Fill Out Application. Complete the loan application form with accurate and relevant information. You will likely be asked to provide various personal and financial details, including but not limited to your name and residency details, employment status and location, social insurance number (SIN), bank account information for the transfer of funds, supporting documents such as pay stubs, bank statements, or other proof of income.

  4. Submit Application. Once you have filled out the application form with the required information, submit your application. Ledn will review your submission, which may take up to 24 hours before you receive a response regarding loan approval.

  5. Get Funded. Upon approval of your loan application, you will receive an email notification from Ledn with instructions on where to deposit your bitcoin, which will serve as collateral for the loan. Transfer the specified amount of bitcoin to the designated address provided by Ledn.


BTC/ETH-Backed loans

  • Interest Rate. The interest rate for Bitcoin-backed Loans is fixed at 12.4%. This rate remains constant throughout the duration of the loan.
  • Fees. Ledn charges a one-time fee of 2% for Bitcoin-backed Loans. This fee is deducted from the loan amount upon disbursement.
  • Annual Percentage Rate (APR). The Annual Percentage Rate (APR) for Bitcoin-backed Loans is calculated at 14.4%. This encompasses both the interest rate and fees over the course of a year.
  • Term Duration. Bitcoin-backed Loans have a fixed term of 12 months. Borrowers have a year to repay the loan amount along with accrued interest.


  • Interest Rate. Similar to Bitcoin-backed Loans, the B2X program also features a fixed interest rate of 12.4%.
  • Fees. B2X borrowers are subject to the same one-time fee of 2% as Bitcoin-backed Loans.
  • Annual Percentage Rate (APR). The APR for the B2X program mirrors that of Bitcoin-backed Loans at 14.4%.
  • Term Duration. B2X loans come with a fixed term of 12 months, providing borrowers with a structured repayment schedule and timeline.


  • Age Requirement. Applicants must be at least 18 years old to qualify for a loan with Ledn.
  • Digital Asset Ownership. Applicants are required to possess bitcoin (BTC) or ethereum (ETH) to use as collateral for the loan. This serves as security for the loan and is a fundamental requirement for eligibility.
  • No Credit Check. Ledn does not conduct traditional credit checks as part of the approval process. Therefore, individuals with varying credit histories may still be eligible for a loan as long as they meet other criteria.
  • Online Application. Prospective borrowers need to complete Ledn's online application form. This application collects essential personal and financial information necessary for the loan approval process.
  • Submission and Approval. Once the online application is submitted, applicants must await approval from Ledn. The approval process typically does not include a credit check but may involve verifying the authenticity of the information provided.

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Last update 24.05.2024